Definition of "rollback" []

• A reduction, especially in prices or wages, to a previous lower level by governmental action or direction: a price rollback; a rollback of military supplies. (noun)
• A turning back or retreat, as from a previously held position or policy: hoped for a rollback of support for the opposition's proposed legislation. (noun)

American Heritage(R) Dictionary of the English Language, Fifth Edition. Copyright (c) 2011 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

• "Biden will get ripped up and down for his calling the rollback of the Bush tax cuts for the rich as "patriotic"."
• "The case for a tax rate reduction, or millage rollback, is a no-brainer."
• "It remains to be seen whether the recent power shift will trigger a long-term rollback of the perks and policies that firms have adopted in recent years in order to make life a little easier on young attorneys."